|
Updated: 3:24 AM Apr 21, 2008
New Housing Could Hurt Madison Landlords
Some Madison officials warn new student apartments around the University of Wisconsin have the potential to create a new housing spiral in neighborhoods left behind.
Posted: 3:24 AM Apr 21, 2008 |
|
Some Madison officials warn new student apartments around the University of Wisconsin have the potential to create a new housing spiral in neighborhoods left behind.
City building inspector George Hank says that as students leave for newer properties, some landlords won't be able to have the cash flow to maintain the buildings.
Leaders from neighborhoods, the university, nearby hospitals and others are seeking a $50,000 city grant to help plan preservation of the older structures possibly by converting them to owner-occupied housing for young families and workers.
The city wants to prevent neighborhoods from decaying and employers want to help workers find affordable housing near their jobs.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
- Early morning crash kills two
- 14-year-old girl charged with trying to kill another teenager at her foster home.
- Ties to Tragedy: 2 Wisconsin soldiers killed at Fort Hood, 2 injured
- Sexually explicit phone calls linked to Marshfield man
- Cat with rabies on the loose
- Xcel customers may pay less for power
- McDonell volleyball team wins state championship
- Two years probation for men arrested in string of burglaries
- UPDATE: Homeowner talks about drive-by shooting
- Bankruptcy filings are up 30 percent in Wisconsin
- Sheriff's deputy denies sexual assault allegations
19 Comments - Students will be taught how to use birth control
19 Comments - Possible underage drinking incident during Memorial High School athletic team's trip to state
10 Comments - Northwest pilots appeal revocation of licenses
6 Comments - Governor Doyle declares Snowplow Driver Appreciation Day
6 Comments - Teenager sentenced for involvement in robberies
5 Comments
